EPIC RESEARCH MCX COPPER UPDATE OF 5 JUNE 2018

Copper trading range for the day is 456.3-470.1. Copper rallied underpinned by a slightly softer dollar and supply concerns amid wage negotiations at the world's largest copper mine. Escondida copper mine in Chile said it had kicked off the latest round of labor negotiations with a contract proposal that includes a bonus of about $34,000 per worker. China warned the US that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures.

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